Collection Agency Raises Funds for Financial Literacy and Other Educational Programs

Marlborough, Mass.: American Profit Recovery, a collection agency based in Michigan, Massachusetts and North Carolina, has raised $2,229.50 for the ACA International Education Foundation. The Foundation is part of an educational initiative by the Association of Credit and Collection Professionals (ACA.)

All funds were raised internally by staff and owners through a combination of events and incentives; Those included pay for dress down in which employees could pay for up to one month of casual dress. Can and bottle drive and food special where employees collected cans and purchased food in-houses donated by APR owners. And weekly raffle tickets where employees could win items such as gift cards, and a 50/50 raffle.

The money raised will allow the ACA International Education Foundation to expand its financial literacy programs, such as providing free electronic Community Education Kits on consumer rights and money management basics, the Receivables Management Training Program giving persons with disabilities access to employment in the accounts receivable field, the Foundation’s annual consumer outreach campaign, National Credit Education Week, and the Foundation’s latest initiative, the Personal Financial Management Web Course—a free online money management training program available to consumers as a public service.

“We truly believe in educating consumers on important debt issues and how to stay out of debt, stated Jeff DiMatteo, partner at American Profit Recovery. “We had fun raising money for these important initializes and look forward to doing it again. We hope more collection agencies will join us.”

Money to fund these important projects comes from donations by ACA International members, collection agencies and friends. For more information on the ACA International Education Foundation, contact staff at +1(952) 928-8000, ext. 104, or foundation@acainternational.org.

The ACA International Education Foundation is the philanthropic arm of ACA International, the Association of Credit and Collection Professionals. The mission of the Foundation is to increase financial literacy through research, education, job training and public relations.

American Profit Recovery (APR) is a collection agency with offices in Massachusetts, Michigan, North Carolina and Kentucky. Founded in 2004, APR specializes in the collection of third-party debt in industries such as medical/dental, banking, trades, lawn care and other professional services. The firm serves approximately 2600 clients. 800-711-0023 http://www.americanprofit.net/